December 2022 saw the first median decrease for the 15 continuously offered nontraded REITs since March 2020. What was the median decrease in the NAVs per share for the 15 NAV REITs?
Answer: The median decrease in the NAVs of the 15 continuously offered NAV REITs in December 2022 was 0.95%. The last month that had a median total negative return for the NAV REITs was March 2020 at 0.46%.
